Heirs Insurance Group to Expand Across Africa

Heirs Insurance Group is set to transition from its current status as a local Nigerian operator to a regional player across Africa, building on five years of substantial progress. The company's Managing Director, Niyi Onifade, announced the expansion plans, highlighting the group's consistent profitability since its inception, with the exception of its first year.

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It has been profitable all the way, we have democratised insurance operation through digitalisation in that customers can from the comfort of their room go online and buy their third-party motor insurance and other insurance policies using their phones.

Onifade emphasized the company's commitment to democratizing insurance through digitalization, enabling customers to purchase policies like third-party motor insurance online via their phones. He stated that Heirs Insurance has attracted over three million customers in three years, positioning itself as the fastest-growing digital insurance group in Africa. Nairametrics has recognized Heirs Insurance among the top three most innovative digital companies.

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Heirs Insurance did not just come to the insurance industry for coming’s sake. We have come to transform insurance industry; so, everything done is about the customer.

The group's strategy involves transforming the Nigerian insurance business through a digital model designed for swift claims settlement. This focus on leveraging technology aims to enhance customer experience and operational efficiency, marking a significant step in the company's growth trajectory.

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We have more than three million customers within three years. It is massive. The customers are duly protected.